Daily LInks
1. The Fashion Workers Act could mean labor protection for models. State legislators amended the bill last month to require fashion companies to obtain written consent to use a model’s digital replica, as more designers and brands use artificial intelligence to supplement traditional photography. – Read More on Marketplace
2. RELATED READ: Regulating the Industry: A Running Tracker of Fashion-Focused Legislation. As the U.S. sees a rise in fashion-centric legislation, here is a running list of key domestic legislation that industry occupants should be aware of. – Read More on TFL
3. From gold medals to wardrobes, Paris Olympics to spotlight French luxury. Sports are “a space where brands have been ramping up significantly in recent years. You have the TV viewership of sporting events, which makes it a really good placement opportunity, plus the fact that sporting events have become more luxurious.” – Read More on France24
4. The Strategy Behind Temu’s Rapid Rise. It’s been pouring money into marketing, trying to become the go-to place where Americans can buy cheap goods online. Temu was the fifth biggest digital advertising spender in the final three months of 2023. – Hear More on WSJ
5. EU lawmakers ratify political deal on AI rules. Two key groups of lawmakers at the European Parliament ratified a provisional agreement on landmark AI rules ahead of a vote by the legislative assembly in April that will pave the way for the world’s first legislation on the tech. – Read More on Reuters
6. Large M&A rebound picks up in 2024 where 2023 left off. “I think 2023 was likely a trough year for M&A, and 2024 will be a year of improvement.” M&A announcements are expected to continue to pick up in 2025, getting the market back to its typical baseline level of activity. – Read More on S&P Global
